Thursday, October 14, 2010

Greg Mankiw catches Barney Frank speaking out of both sides of his mouth

These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis. The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.--Barney Frank in 2003

Low-income home ownership has been a mistake, and I have been a consistent critic of it.--Barney Frank this week

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